Register now or log in to join your professional community.
HOW TO TREATMENT BRANCH TRANSFER OUT IN VAT IN UAE- IF TOW BRANCHES FOR A COMPANY BUT PURCHASE ONLY IN ONE BRANCH AND ITEM TRANSFER IN TO ANOTHER BRANCH HOW TO TREAT IT IN VAT UAE?
If the branch is a part of the Tax group, the transfer it between is "exempted", no need to book input/output vat.
If both are separate profit centers and not in a tax group, better to practice the invoicing on cost price with VAT.
